The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 12th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Algiers

Stanton 70131 Neighborhood

The Home Buyer’s Korner

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The median real estate price in the Stanton (Algiers – The Arbors – Delacroix Plantation – English Turn – Greenbrier Court – Stanton Plantation) neighborhood of New Orleans, Louisiana is $541,600, which is more expensive than 99 percent of the neighborhoods in Louisiana and nearly 92 percent of the neighborhoods in the country.

The average rental price in Stanton is currently $1,800 a month, and the average rental cost in this neighborhood is higher than any other neighborhoods in Louisiana. Real estate in the Stanton neighborhood is almost exclusively owner-occupied and this neighborhood has a higher rate of owner-occupied housing than is found in nearly 97 percent of all neighborhoods in the country. If you are seeking to rent, this neighborhood may not have many options.

Stanton is a suburban neighborhood located in New Orleans, Louisiana and real estate are primarily made up of medium sized three and four bedroom to large four, five or more bedroom single-family homes and other multi-family housing options like condominiums, and town homes. One way that the Stanton neighborhood really stands out, is that it has more large four, five, or additional bedroom homes and real estate than over 95 percent of the neighborhoods in America. When you walk or drive around this neighborhood, you’ll instantly notice the size of the homes here which definitely makes a strong visual statement.

Many of the residences in the Stanton neighborhood are newer, built in 2000 to present day, while a number of homes were also built between 1970 and 1999.

Stanton has a vacancy rate in excess of 16 percent, which is well above average compared to other neighborhoods across the county. To understand more about his neighborhoods vacancy rate and its effects on your home buying or selling options, consult your real estate agent.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flair, can make all the difference when choosing a neighborhood to call home. Stanton is among the best neighborhoods for families in Louisiana. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a “Leave It to Beaver” episode.

Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Stanton neighborhood. 

If you come to know the people here, you will recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, less than two percent of America’s neighborhoods are wealthier than the Stanton neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. 

If knowledge is power, imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, Law degree, a Medical degree, or even a Ph.D. This is certainly the case in the Stanton neighborhood, where over 38 percent of residents hold these advanced degrees. Compare that to the average neighborhood in America, where under nine percent of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than nearly 98 percent of the neighborhoods in America. 

Your future neighbors in the Stanton neighborhood of New Orleans, Louisiana are well-to-do, making it among the 15 percent highest income neighborhoods in America. 

Executives, managers and professionals make up 66 percent of the workforce in the Stanton neighborhood, which is a higher proportion of such high-level people than is found in nearly 97 percent of the neighborhoods in the country. For this reason, this neighborhood really stands out as unique.

The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with nearly 18 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at nine percent, and over six percent in manufacturing and laborer occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or other ethnicity or ancestries will express those cultures. 

In the Stanton neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as German at 19 percent. There are also a number of people of French or Irish ancestry at around 10 percent. Some of the residents are also of Italian ancestry at nine percent, along with some Asian ancestry residents over seven percent, among others.

The most common language spoken in the Stanton neighborhood is English, spoken by over 90 percent of households, while over five percent speak Spanish.

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70131 Algiers – The Arbors – Delacroix Plantation – English Turn – Greenbrier Court – Stanton Plantation

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